Consumer fintech startups were massively successful in 2019, attracting millions of new users and disrupting traditional retail banks and financial services with mobile-first, consumer-oriented products. Despite the economic downturn in public markets and the massive wave of cuts at public and private companies in recent weeks, fintech startups have been More

Zoom acquires some encryption expertise, Uber makes a big investment in scooters and we review the new 13-inch Macbook Pro.Here’s your Daily Crunch for May 7, 2020.1. Zoom acquires Keybase to get end-to-end encryption expertiseKeybase, whose encryption products include secure file sharing and collaboration tools, should give Zoom More

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.This week shares of SaaS and cloud companies reached new record highs as investors bid their equities higher following an earnings cycle that came in better than some expected.SaaS stocks, as More

Founders hunting down capital in the middle of this pandemic may feel like they’re on a fool’s errand, but some investors are still offering financing, even if the terms might not be as good as they once were. One avenue that appears to remain open: corporate venture capital.The corporate route More

This afternoon Airbnb, a well-known private company that connects travelers with places to stay, announced that it was laying off around a quarter of its workforce. The company cited revenue declines and a need to curtail costs in a memo that TechCrunch viewed.In the note, written by Airbnb CEO More

API-powered startups are having a good year, with Plaid’s mega-exit to Visa still fresh in mind. And digital video-powered startups are also having a good year, as the world stays home more than before and work shifts to a more remote-friendly landscape. What about a company that does both?Well, they’d More